Price Analysis

Cardano Price Hovers Around $0.049 Since Yesterday

Cardano has been performing quite well. The last seven days brought an escalation in the price of the ADA coin. During the same period, the entire market was seen dealing with the bear, but ADA kept the movement intact. The same reflects that the coin has pretty good potential.

Talking about yesterday, the coin had a distinct movement. The price of Cardano was seen touching a high at $0.049950 and a low at $0.048180. The volume marked on 27th August was $38,041,608.

ADA to USD Price Comparison

Cardano price chart - Aug 28
Cardano Chart By TradingView

Yesterday, ADA opened with an escalation of 0.59%. Cardano price changed from $0.04900 to $0.04929. Later, the coin slipped from $0.04929 to $0.04820 by 2.21%. ADA coin kept the price intact at $0.049. Towards, the end of the day, Cardano price changed from $0.04884 to $0.0500 by 2.38%. Today, the coin opened at $0.0500. ADA coin price slipped from $0.05000 to $0.049010 by 1.98%. ADA price is now dealing at $0.04893.

Current Statistics of Cardano

Particulars Cardano (ADA)
Price0.049101 USD
ROI126.50%
Market Cap1,273,996,681 USD
24hr volume48,401,732 USD
Circulating supply25,927,070,538 ADA
Total supply31,112,483,745 ADA

Cardano Price Prediction and Conclusion:

Cardano has demonstrated a pretty good potential in the market. The last two quarter brought a positive change in the ADA coin. The ongoing quarter has been a little disappointing. ADA has maintained itself quite well. And as per past data and analysis, we recommend long-term investment as it will offer a considerable return. If we look at the market cap, ADA coin has improved tremendously despite the fall.

Tags

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

Related Articles

Back to top button
Close